Novae SAS

Novae SAS is a French company specializing in electrical installations, offering tailored solutions for high and low current systems. The firm integrates modern technologies to meet diverse client needs across commercial and industrial sectors. Founded in 1985 in Paris, France, Novae SAS focuses on designing and implementing electrical installations. In December 2020, the company was acquired by Sparring Capital.

Novae has conducted one significant deal since its inception. Novae specializes in the design and implementation of electrical installations, providing a comprehensive range of services that include high and low current solutions as well as general electrical equipment. Established in 1985, the company integrates modern technologies within its offerings, which are tailored to meet the specific needs of its clients. Novae serves a diverse client base, including commercial and industrial sectors, by conducting thorough assessments to identify their unique requirements and delivering customized electrical installations.

The company is committed to ensuring complete customer satisfaction through its skilled workforce and dedicated project management. Novae operates primarily within the French market, focusing on regions that require advanced electrical solutions, although specific geographical market expansions may be pursued as dictated by client demand. In the most recent fiscal year of 2024, Novae reported a revenue of USD 12. 90 mn and an EBITDA of USD 2.

50 mn. The company’s revenue structure is generated through direct business transactions with clients, primarily in the form of contractual agreements for electrical installation and maintenance services. Clients may engage the company for project consultations, which could involve initial assessments followed by a comprehensive proposal detailing the scope of work and associated costs. Pricing models typically reflect the complexity and scale of projects, with various service packages available to accommodate different client needs.

The company’s offerings include maintenance services, project management, and technical studies, each designed to enhance operational efficiency and ensure compliance with safety standards. By facilitating these services, Novae establishes long-term relationships with its clients, which are crucial for repeat business and sustained revenue growth. Following its acquisition in December 2020, Novae SAS is focusing on expanding its product offerings and entering new markets. The company is currently designing new electrical solutions aimed at enhancing operational efficiency, with plans to launch these products by the end of 2025.

Additionally, Novae is targeting expansion into other European markets, specifically Germany and Italy, by 2026. The recent acquisition is expected to provide necessary capital to support these growth initiatives.